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the future trading commission and its effort to implement portions of the dodd-frank financial reform law. the judge rejected regulations that would have capped the amount of positions a trader can hold and the size of that position in various commodities. the chairman of the cftc says he's disappointed by the ruling and the agency is looking for new ways to get their way. well, my next guest says the dismal economic news of the week remits no significant -- represents no significant change, just more of the same as the economy continues to slip. joining us now, wall street legislate, his tore your, lures lerman. lou, i'm looking at the number, and the dow jones industrial, and this is stunning stuff. up almost 10%, 9.8%, year-to-date. the s&p up 14.56%. the nasdaq up almost 20%, up 19.62%. these are incredibly glorious numbers. aren't you happy? [laughter] >> well, i'm happy about the results. of course, for everybody who profited by it, but unhappy about the techniques by which the market has been floated into, you know, 10%-15% increases in value. this is a federal reserve system money
the future trading commission and its effort to implement portions of the dodd-frank financial reform law. the judge rejected regulations that would have capped the amount of positions a trader can hold and the size of that position in various commodities. the chairman of the cftc says he's disappointed by the ruling and the agency is looking for new ways to get their way. well, my next guest says the dismal economic news of the week remits no significant -- represents no significant change,...
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Oct 3, 2012
10/12
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there is a federal law when you get... reconstruction money from the federal government, called the stafford act. basically tsays, when you get federal money, have to give a 10% match, the local government's got to come up with 10%. every $10 the federal government comes up with, the local government's got to give a dollar. now, here's the thing. when 9/11 happened in new york city...: they waived the stafford act, said, this is too serious a problem. we can't expect new york city to rebuild on its own. forget that dollar you have to put in. that was the right thing to do. when hurricane andrew struck in florida, people said, look at this devastation! we don't expect to you come up with the money. here! here's the money to rebuild. we are not going to wait for to you scratch it together because you are part of the american family. what's happening down in new orleans? where's your dollar? where's your stafford act mony? makes no sense. tells me the bullet hasn't been taken out. [applause] tells me that somehow the people d
there is a federal law when you get... reconstruction money from the federal government, called the stafford act. basically tsays, when you get federal money, have to give a 10% match, the local government's got to come up with 10%. every $10 the federal government comes up with, the local government's got to give a dollar. now, here's the thing. when 9/11 happened in new york city...: they waived the stafford act, said, this is too serious a problem. we can't expect new york city to rebuild on...
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they say she violated a state law to protect the massive aquatic mammals and could face a fine. >> leave them alone. they got enough problems. they get run over by boats. they're sweet and gentle creatures. don't be grabbing dolphins, either, out in the wild. >> good point. >> thanks. >>> president obama and mitt romney obviously have been prepping heavily for their first debate now less than 24 hours away. how high are the stakes? who has the edge and where each candidate's weak spots are. we look at that next. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, a
they say she violated a state law to protect the massive aquatic mammals and could face a fine. >> leave them alone. they got enough problems. they get run over by boats. they're sweet and gentle creatures. don't be grabbing dolphins, either, out in the wild. >> good point. >> thanks. >>> president obama and mitt romney obviously have been prepping heavily for their first debate now less than 24 hours away. how high are the stakes? who has the edge and where each...
WHUT (Howard University Television)
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Oct 7, 2012
10/12
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WHUT
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they embrace law and order conceptually and they say we're talking about enforcing the law and if the law isn't enforced a society cannot hold itself cohesively together. the second thing they say is we can't have a cohesive, coherent country without a common language. if you have two peoples living side by side speaking separate languages, you're not going to have a country. >> we heard the arguments. as far as the language is concerned, everyone knows english is the official language in the country. why is it necessary to make it official by law? i think there's more draw backs to that because, for example, in california when they tried to make english the official language it was virtually impossible. it didn't work. it was approved, but it didn't work. why? because you have so many different languages that are spoken there. besides spanish you have several asian languages. what would happen is in the schools, the schools would be forced to send all materials to parents in english when you have elderly who do not speak the language and who would feel more comfortable. it's very har
they embrace law and order conceptually and they say we're talking about enforcing the law and if the law isn't enforced a society cannot hold itself cohesively together. the second thing they say is we can't have a cohesive, coherent country without a common language. if you have two peoples living side by side speaking separate languages, you're not going to have a country. >> we heard the arguments. as far as the language is concerned, everyone knows english is the official language in...
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Oct 7, 2012
10/12
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they know each other intimately, but the law says they need an ide. it's absurd. i find the fraud on karl rove and his buddy site arendt as in there's been so little voter fraud reported in all of the research. >> well, thank you. i'm not sure what to say about that. [inaudible] >> what is extraordinary about him is he is effectively swallowed. he is more powerful in some ways. there is a schism within the party. the tea parties and some hangers on from the bush era. he tries to discipline people. you can see him in the 2010 election. christine o'donnell is in delaware who taught about dabbling in witchcraft. he did not like that and he came down on her. likewise go with todd akin cud the tea party candidate in missouri who talked about legitimate. rove did not like that. if you look at the finances they are coming you can see subbase power. it can do is $28 billion. subbase american crossroads put $15 million of that senate case. he pulled it out and now very strongly he's hanging in there. but in return, rove, and assert a surprise last last week he said if a gi
they know each other intimately, but the law says they need an ide. it's absurd. i find the fraud on karl rove and his buddy site arendt as in there's been so little voter fraud reported in all of the research. >> well, thank you. i'm not sure what to say about that. [inaudible] >> what is extraordinary about him is he is effectively swallowed. he is more powerful in some ways. there is a schism within the party. the tea parties and some hangers on from the bush era. he tries to...
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Oct 5, 2012
10/12
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both of them harvard, both of them harvard law review. i mean, it was amazing how they were like flip sides of the same coin. >> it is. they do a fascinating parallels. but the paradox of the difference is that john roberts when it comes to the constitution is the candidate of change. he's the one who wants to change the law on abortion, on civil rights, on the death penalty, on all of these areas whereas obama is much more of a cautious conservative when it comes to the course. he's the one saying, let's leave things the way they are. the law is okay the way it is. roberts is part of the generation of conservatives. ronald reagan brought them to washington who said, we have to change the law. >> i've been trying to tell everybody, i'm a conservative. i'm trying to conserve the voting rights act, conserve affirmative action. i'm the conservative. so glad jeffrey toobin came on the show to affirm that for me. >> that's my goal, rev. >> jeffrey toobin. the book is, the oath, the obama white house and the supreme court. you need to read it a
both of them harvard, both of them harvard law review. i mean, it was amazing how they were like flip sides of the same coin. >> it is. they do a fascinating parallels. but the paradox of the difference is that john roberts when it comes to the constitution is the candidate of change. he's the one who wants to change the law on abortion, on civil rights, on the death penalty, on all of these areas whereas obama is much more of a cautious conservative when it comes to the course. he's the...
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Oct 1, 2012
10/12
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he's the chief law enforcement officer of the united states. he's the attorney general of the united states and he's saying hear no evil, see no evil, i'm not responsible and that's not the way the department of justice that it worked with is supposed to work. martha: what if he were to take more shot in the this situation. to say i didn't know but i should have known. and this did happen on my watch. and that was a grievous error. >> a grievous error. when you are the chief law enforcement officer of the united states and the chief lawyer for the united states. the responsibility is as he had with some of his deputies to step aside. there is no good explanation for the attorney general. this idea he did not know. it was going on in my department and i didn't know about it. this ended up being a massive operation. the attorney general's defense is i don't know? sorry, that not way it's supposed to work. bill: 22 minutes before the hour. growing calls for the u.s. ambassador susan rice to step aside after a tidal wave of criticism on her reactio
he's the chief law enforcement officer of the united states. he's the attorney general of the united states and he's saying hear no evil, see no evil, i'm not responsible and that's not the way the department of justice that it worked with is supposed to work. martha: what if he were to take more shot in the this situation. to say i didn't know but i should have known. and this did happen on my watch. and that was a grievous error. >> a grievous error. when you are the chief law...
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Oct 6, 2012
10/12
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law. press two for -- [ bleep ] >> hello. all pennsylvania voters will be required to show a photo i.d. before voting at a polling place beginning with the november 2012 general election. all photo i.d.s must be current and contain an expiration date unless otherwise noted. >> so that was our scoop last night. our bad scoop. because what you just heard there from the state of pennsylvania is not the law. but it's what the state of pennsylvania was telling people anyway as of yesterday afternoon on the phone line that the state was telling people to call if they had any questions or if they were at all confused about voting this year. so say anybody who doesn't have a driver's license and was calling the state to find out if they can vote, as of yesterday, that recording on the state's phone line for voting help was telling them, no, you can't vote, when, in fact, legally you can. ultimately when we question the state elections office about that yesterday afternoon they took down that recording. they said it was just an oversi
law. press two for -- [ bleep ] >> hello. all pennsylvania voters will be required to show a photo i.d. before voting at a polling place beginning with the november 2012 general election. all photo i.d.s must be current and contain an expiration date unless otherwise noted. >> so that was our scoop last night. our bad scoop. because what you just heard there from the state of pennsylvania is not the law. but it's what the state of pennsylvania was telling people anyway as of...
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Oct 6, 2012
10/12
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and, consistent with all federal contracting laws, and, regulations. rick? >> rick: mike emanuel in washington, thanks. >> arthel: "fox news alert" alert on the deadly meningitis outbreak, the centers for disease control reporting two more deaths bringing the total to 7 and there are now dozens of confirmed cases in these 9 states, pictured there in the map and the latest case is reported in ohio and minnesota. and the rare fungal meningitis is linked to steroid in sections, commonly used to treat back pain and produced by a specialty pharmacy in massachusetts. health officials warn poe attention thousands of people could be affected. >> rick: a "fox news alert," fox confirm the house oversight committee subpoenaed the leading security official at the u.s. consulate in libya, for next week's hearing on capital hill. utah army national guard green beret lieutenant colonel andy wood, leading a 16-member special forces site security team in benghazi, when the consulate was attacked on september 11th. killing the u.s. ambassador, chris stevens and three others.
and, consistent with all federal contracting laws, and, regulations. rick? >> rick: mike emanuel in washington, thanks. >> arthel: "fox news alert" alert on the deadly meningitis outbreak, the centers for disease control reporting two more deaths bringing the total to 7 and there are now dozens of confirmed cases in these 9 states, pictured there in the map and the latest case is reported in ohio and minnesota. and the rare fungal meningitis is linked to steroid in...
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Oct 8, 2012
10/12
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sequestration is going to be the law in january. we haven't seen the leadership from the president on this. he is worried because the companies know they have to lay people off and this they told congress this. omb says you don't have to comply with the law and the worst part is that taxpayers are on the hook for the litigation costs when the workers don't receive the warnings they are supposed to receive. >> chris: governor, why is that right? >> chris, i have a lot of moms and dads that work at places like northrup grumman and lockheed martin. i refuse to believe that members are congress will not come together to find a way to place a greater priority on our nation's defense than we do defending gobss of tax cuts for millionaires and billionaires. the senator herself voted against that sequestration move. paul ryan voted for it, i believe. i'm confident after the election we will find a way -- >> chris: if you are so concerned about the middle class why not let the workers know they may be laid off. >> none of the employers want
sequestration is going to be the law in january. we haven't seen the leadership from the president on this. he is worried because the companies know they have to lay people off and this they told congress this. omb says you don't have to comply with the law and the worst part is that taxpayers are on the hook for the litigation costs when the workers don't receive the warnings they are supposed to receive. >> chris: governor, why is that right? >> chris, i have a lot of moms and...
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that is not the law at all in pennsylvania. you don't have to have a driver's license or any other id in pennsylvania. but when you call the state's number to figure out how to vote. that is what you get. as of today. so, naturally when we got that recording one of our producers called back and asked why. why the confusing website. >> okay. but your out going message is actually like sending not just a mixed message but an incorrect message to the voters right now. >> can you change that do you think?
that is not the law at all in pennsylvania. you don't have to have a driver's license or any other id in pennsylvania. but when you call the state's number to figure out how to vote. that is what you get. as of today. so, naturally when we got that recording one of our producers called back and asked why. why the confusing website. >> okay. but your out going message is actually like sending not just a mixed message but an incorrect message to the voters right now. >> can you change...
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Oct 5, 2012
10/12
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CURRENT
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law stalls in pennsylvania. that's next on "viewpoint." economy on barack obama is kinda like blaming your hangover on the guy making breakfast. i like mitt romney but i'm sorry. they guy has flipped more than a crack house mattress. this campaign has become so toxic, beverly hills housewives are now injecting it into their foreheads. (vo) so current gave him a weekly show. >> i love romney's debate style, but i tell you, if i could be that stiff for 90 minutes, i'd ... (vo) we probably won't regret it. >> eliot: it was supposed to be the thing that would help mitt romney win the state of pennsylvania. don't take my word for it. here's pennsylvania state house republican leader mike turzai in june. >> voter i.d. which will allow governor romney to win the state of pennsylvania, done. >> eliot: actually, not quite done. on tuesday, a pennsylvania judge ruled that state officials cannot enforce this controversial new law in next month's presidential election. the reason as judge robert simpson who had upheld the l
law stalls in pennsylvania. that's next on "viewpoint." economy on barack obama is kinda like blaming your hangover on the guy making breakfast. i like mitt romney but i'm sorry. they guy has flipped more than a crack house mattress. this campaign has become so toxic, beverly hills housewives are now injecting it into their foreheads. (vo) so current gave him a weekly show. >> i love romney's debate style, but i tell you, if i could be that stiff for 90 minutes, i'd ... (vo) we...
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Oct 1, 2012
10/12
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it's law that just makes sense. growth >> he's trying to... i don't, and the, i think, during the debate. >> governor romney has been practicing for months and the invasion of normandy took less preparation, than he is putting into these debates. >> chris: well, that was governor romney and top obama advisor david axelrod playing the expectations game ahead of wednesday's first presidential debate. it is time for our sunday group, bill kristol of "the weekly standard," liz mar lantas, syndicated talk show host laura ingraham and political analyst juan williams. bill you heard paul ryan say romney will offer the country a clear choice of two different economic futures. is that what he needs to do wednesday? is that enough? >> i think, he needs to win the debate. that is my advice to governor romney and it is time to begin panicking and that means offering his own way ahead and, really explaining why the next four years under president obama will be disastrous, shouldn't focus on the last four years, focus on the next four years and clear choice
it's law that just makes sense. growth >> he's trying to... i don't, and the, i think, during the debate. >> governor romney has been practicing for months and the invasion of normandy took less preparation, than he is putting into these debates. >> chris: well, that was governor romney and top obama advisor david axelrod playing the expectations game ahead of wednesday's first presidential debate. it is time for our sunday group, bill kristol of "the weekly...
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Oct 6, 2012
10/12
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it doesn't just depend on the law itself. it depends on what people think the law is in pennsylvania. people are calling the state calling that toll free number to find out about voting and being told when they call that number to effectively not show up if they don't have an i.d. then honestly it doesn't matter what the judge ruled. people without i.d. will probably stay home. pennsylvania elections officials said this week they are pulling their multimillion dollar ad campaign targeted at educating voters about the photo i.d. requirements because of course there is no longer an i.d. requirement. but you know what? even before you get to taking down your ad campaign as you meander around with that task pennsylvania you might also want to consider this. the bureau of elections for cumberland county in pennsylvania as of today hopefully informing its visitors that, quote, all voters will be required to show photo i.d. at the polling place in the november, 2012, general election. actually voters will not be required to show pho
it doesn't just depend on the law itself. it depends on what people think the law is in pennsylvania. people are calling the state calling that toll free number to find out about voting and being told when they call that number to effectively not show up if they don't have an i.d. then honestly it doesn't matter what the judge ruled. people without i.d. will probably stay home. pennsylvania elections officials said this week they are pulling their multimillion dollar ad campaign targeted at...
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appeals from the obama administration and several voting rights group saying it violates a federal law of removing voters 90 days from a letter. it was compiled using a homeland security citizenship database that originally contained more than 2,000 names but had hundreds of inaccuracies. the florida secretary of state praised the ruling but groups on posing the purge say it could prevent legitimate votes from being cast. there's one more jobs report left before the election. how could it rock the presidential race? zachary will crunch numbers for you. check out our "news nation" tumblr page. you'll find behind the scene pictures. in honor of the funky meters being nominated to the rock 'n roll hall of fame, here's my producer's song she picked for this friday he. ♪ [ male announcer ] one in six. that's how many struggle with hunger in america. ♪ but what if there was a simple way to feed those in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you ca
appeals from the obama administration and several voting rights group saying it violates a federal law of removing voters 90 days from a letter. it was compiled using a homeland security citizenship database that originally contained more than 2,000 names but had hundreds of inaccuracies. the florida secretary of state praised the ruling but groups on posing the purge say it could prevent legitimate votes from being cast. there's one more jobs report left before the election. how could it rock...
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Oct 1, 2012
10/12
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. >> he's not trying to move the law radically, quickly. i think justice scalia or justice thomas really want to get to the end answer as quickly as possible and make the law conform to what they really understand whereas the chief justice is more incrementalist. >> reporter: conservative court watcher carry severino doesn't believe much will change any time soon. >> certainly this is not a crusading con serbtive court. until we have a shift, i think, in the membership of the court it's impossible to call it a court that leans more to the left or to the right. >> let's bring in joe johns. joe, could this term possibly be as important as the last one? that's hard to imagine. >> reporter: carol, it certainly has that potential. just the question of revisiting race based preferences in university admissions. this is an issue they decided just a few years ago. now they're back. the difference is the court's been reconstituted. now the swing vote is no longer one justice. it's another justice. there are other issues certainly that could be big.
. >> he's not trying to move the law radically, quickly. i think justice scalia or justice thomas really want to get to the end answer as quickly as possible and make the law conform to what they really understand whereas the chief justice is more incrementalist. >> reporter: conservative court watcher carry severino doesn't believe much will change any time soon. >> certainly this is not a crusading con serbtive court. until we have a shift, i think, in the membership of the...
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Oct 9, 2012
10/12
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we sat back and let it become law and pushed the thing through. instead of doing what is right for west virginia, we did what is right for you and obama. >> what is your point? >> we need to repeal obamacare. this is something like your cap- and-trade that should not have been done. you can say whatever you want, but this is what you dead. >> half the states passed the same thing. nothing has gone through. >> you were the second in the nation. inor legislature's starts january every year. -- our legislature starts in january every year. >> the question on medicaid post-obamacare -- >> we need to make people more independent, not dependent. that is something -- we need to make people have the opportunities to get ahead. did not force them into poverty. i do not think that is a good idea. >> we're trying to get answers on what our options are. we have not been able to get those answers. >> is this a politically tough question to answer prior to the election? >> i do not think so. it is a good government decision to make. before you make a decision,
we sat back and let it become law and pushed the thing through. instead of doing what is right for west virginia, we did what is right for you and obama. >> what is your point? >> we need to repeal obamacare. this is something like your cap- and-trade that should not have been done. you can say whatever you want, but this is what you dead. >> half the states passed the same thing. nothing has gone through. >> you were the second in the nation. inor legislature's starts...
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Oct 9, 2012
10/12
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first-year associates in law firms, they make about the same. but women on average choose to work fewer hours than men even when they work full time. because, you know, full time is anything above 35 hours a week.r and women work about 12% i fewet hours. about 25% of women work part time. many women go in and out of the work force as they have children, and that on average reduces their average earnings,o but it doesn't mean that they're discriminated against. average s their average earnings, but it doesn't mean they are discriminated against. it doesn't mean if you take to women into men in the same job they don't earn the same. they do. >> what is the paycheck fairness act, and do you think it is necessary? >> the paycheck fairness act just was up again for a voting congress. it failed. it also failed when there was a democratic house senate and president and barack obama's first term. that's because it would require them to report to the government the women they have on their payroll, the men have on that there'll come how much they pay bot
first-year associates in law firms, they make about the same. but women on average choose to work fewer hours than men even when they work full time. because, you know, full time is anything above 35 hours a week.r and women work about 12% i fewet hours. about 25% of women work part time. many women go in and out of the work force as they have children, and that on average reduces their average earnings,o but it doesn't mean that they're discriminated against. average s their average earnings,...